Average Land Prices in Phnom Penh by District, H2 2024
- Andrew Millar
- Nov 25, 2024
- 1 min read
Updated: 3 days ago
CBRE Cambodia
Report Description
25th November 2024 (PDF, 17 pages)
This latest CBRE Cambodia land-price study provides investors with an updated view of Phnom Penh district values in H2 2024, offering key indicators on price movements, market density and urban development trends across the capital.
Summary
The strongest pricing was recorded in Daun Penh, reaching USD $6,500 to $8,500 for central commercial zones.
Significant mid-tier values appeared in Boeung Keng Kang with prices between USD $3,200 and $5,600, supported by dense residential demand.
Rapidly developing Sen Sok showed mixed pricing from USD $300 to $1,200, reflecting varied land use and growth pockets.
Outlying areas such as Praek Pnov remained the most affordable, with prices averaging USD $40 to $60.
Chamkarmon continued its premium positioning, particularly in Tonle Bassac, where population density exceeded 29,000 residents and pricing reached the higher bands.
Phnom Penh’s expanding urban footprint was visible in large-area districts such as Dangkao, where populations exceeded 76,000 and land values ranged from USD $120 to $600.
The inclusion of commune profiles, including population sizes and sqm footprints, strengthens investor benchmarking and risk assessment.
About CBRE Cambodia
CBRE Cambodia is a leading real estate advisory firm delivering market research, valuation and consulting services across Cambodia’s property sector.
The organisation works with institutional investors, developers and government stakeholders to provide reliable market intelligence.
Its reports are widely recognised for supporting strategic planning and investment analysis.
Website: cbre.com.kh